Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Financial instruments

v3.23.3
Financial instruments
 9 Months Ended
Sep. 30, 2023
Disclosure of detailed information about financial instruments [abstract]  
Financial instruments Financial instruments
This note provides information about the Group’s financial instruments, including:
•an overview of all financial instruments held by the Group;
•the classification of the financial instruments;
•the line item on the interim condensed consolidated statement of financial position in which the financial instrument is included;
•the financial instrument’s book and fair value.
The Group holds the following financial instruments:
Financial assets
(in €‘000) Notes At amortized
cost		 Fair value
through
PL		 Fair value
through
OCI		 Total book
value		 Total fair
value
As at December 31, 2022
Non-current other financial assets 21,900  9,198  31,389  62,487  62,487 
Current other financial assets 601  —  —  601  601 
Trade and other receivables 44,776  —  —  44,776  44,776 
Cash and cash equivalents 83,022  —  —  83,022  83,022 
Total 150,299  9,198  31,389  190,886  190,886 
As at September 30, 2023
Non-current other financial assets 22,439  8,603  29,463  60,505  60,505 
Current other financial assets 6,469  —  —  6,469  6,469 
Trade and other receivables 36,639  —  —  36,639  36,639 
Cash and cash equivalents 28,829  —  —  28,829  28,829 
Total 94,376  8,603  29,463  132,442  132,442 
Due to the highly liquid nature of cash and cash equivalents and the pledged bank balances classified within non-current other financial assets, their carrying amount is considered to be the same as their fair value. Due to the short-term nature of trade and other receivables as well as current other financial assets, their carrying amount is considered to be the same as their fair value.
Financial liabilities
(in €‘000) Notes At amortized
cost		 Fair value through PL Total book
value		 Total fair
value
As at December 31, 2022
Borrowings 13 269,033  —  269,033  272,641 
Non-current lease liabilities 44,044  —  44,044  N/A
Current lease liabilities 7,280  —  7,280  N/A
Trade and other payables 51,263  —  51,263  51,263 
Warrant Liabilities —  1,296  1,296  1,296 
Total 371,620  1,296  372,916  325,200 
As at September 30, 2023
Borrowings 13 312,160  —  312,160  325,409 
Non-current lease liabilities 60,212  —  60,212  N/A
Current lease liabilities 9,279  —  9,279  N/A
Trade and other payables 51,640  —  51,640  51,640 
Warrant liabilities —  5,471  5,471  5,471 
Total 433,291  5,471  438,762  382,520 
Due to the short-term nature of the trade and other payables, their carrying amount is considered to be the same as their fair value.